Dáil debates

Wednesday, 2 April 2014

12:40 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

There are 240,000 mortgages for buy-to-let properties in the country of which 35% to 40% are now in distress and thousands are facing insolvency. This affects up to 60,000 or 70,000 tenants who may be paying their rent but could face eviction because their landlords are insolvent. Where is the legislation to update the receivership guidelines to give some protection to tenants with families who have paid their rent and have a right to expect security of tenure of the roof over their heads, but who through no fault of their own face the possibility of being thrown out on the street, as is happening as we speak? They are being forced on to housing lists when no local authority houses are available. They are even facing the prospect of their families being thrown into emergency housing accommodation. Where is the legislation?

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